Accounting (ACCOU)

Introduction to the accounting cycle of a service company, emphasizing basic accounting
concepts. (2 lecture hours)

ACCOU 1110Accounting Procedures3
credit hours

The accounting cycles of service organizations and merchandisers focusing on the recording
of business transactions and the preparation of financial statements for such organizations.
Includes specific accounting concepts relating to current assets, long-term assets,
current liabilities, payroll and the operations of corporations. (3 lecture hours)

ACCOU 1175Microcomputer Accounting2
credit hours

Introduction to a general ledger software package on a microcomputer. Keyboarding
and mouse skills are required. Prerequisite: Accounting 1110 or Accounting 2140 or
consent of the instructor (2 lecture hours)

ACCOU 1840Independent Study1 to 4
credit hours

Exploration and analysis of topics within the discipline to meet individual student-defined
course description, goals, objectives, topical outline and methods of evaluation in
coordination with and approved by the instructor. This course may be taken four times
for credit as long as different topics are selected. Prerequisite: Consent of instructor
is required (1 to 4 lecture hours)

ACCOU 2140 (IAI BUS 903)Financial Accounting4
credit hours

An introduction to financial accounting concepts. A study of the accounting cycles
of service organizations and merchandisers emphasizing the recording of business transactions,
and the preparation of financial statements. Emphasis is also placed on the accounting
principles relating to the measurement, valuation, and reporting of assets, liabilities,
and equity, and internal control. (4 lecture hours)

ACCOU 2150 (IAI BUS 904)Managerial Accounting4
credit hours

An introduction to managerial accounting and cost concepts. A study of the accounting
cycle of manufacturers emphasizing the recording of business transactions relating
to the manufacture of inventory and the preparation of financial statements. Emphasis
is also placed on analysis of cost behavior, budgeting concepts, standard cost systems
and variance analysis, and the use of accounting information to make decisions. Prerequisite:
Accounting 2140 or consent of instructor (4 lecture hours)

ACCOU 2200Income Tax Return Preparation3
credit hours

Individual income tax return preparation emphasizing the completion of basic tax returns.
Resources are provided under the Volunteer Income Tax Assistance (VITA) program which
is administered by the Internal Revenue Service. Prerequisite: Accounting 2140 or
consent of instructor (1 lecture hour, 4 lab hours)

Federal income tax concepts relating to corporations, partnerships, S-corporations,
trusts and exempt organizations. Also includes the tax consequences of international
transactions. Prerequisite: Accounting 2205 or equivalent or consent of instructor
(3 lecture hours)

ACCOU 2220Financial Analysis and Valuation3
credit hours

The process of understanding the risks and profitability of a firm through analysis
of reported financial statements. It includes a comprehensive review of business strategy,
financial strategy and the industry environment, resulting in providing information
for management and investment decisions. Prerequisite: Business 1100, Accounting 2140
and Accounting 2150 or consent of instructor (3 lecture hours)

ACCOU 2241Intermediate Accounting I4
credit hours

In-depth study of the theory and concepts of accounting emphasizing the income statement
and balance sheet and the accounting for cash, receivables, inventory, plant assets,
intangible assets, current liabilities, and contingencies. CIS 1221 recommended. Prerequisite:
Accounting 2140 or equivalent or consent of instructor (4 lecture hours)

ACCOU 2242Intermediate Accounting II4
credit hours

In-depth study of the theory and concepts of accounting emphasizing the measurement
and valuation of long-term liabilities, stockholders' equity, corporate investments
in securities, revenue recognition, postretirement benefits, leases, interperiod tax
allocations, accounting changes, full disclosure, ratio analysis and the preparation
and presentation of the statement of cash flows. Prerequisite: Accounting 2241 or
equivalent or consent of instructor (4 lecture hours)

In-depth study of the accounting and reporting issues related to consolidated financial
statements with an emphasis on consolidation theory, procedures for eliminating various
intercompany transactions, and accounting for business combinations. Other topics
include partnership accounting, international operations and corporate insolvency.
Prerequisite: Accounting 2242 or equivalent or consent of instructor (3 lecture hours)

An introduction to the role of the public accountant, professional standards, attestation
and other assurance services, audit evidence and documentation, and reports on audited
financial statements, with particular emphasis on the auditor's decision-making process
by integrating coverage of the components of audit risk with tests of controls and
substantive tests that relate to selected transaction cycles. Prerequisite: Accounting
2241 or Accounting 2242, or equivalent or consent of instructor (3 lecture hours)

ACCOU 2272Auditing II3
credit hours

Further study of auditing and other assurance services emphasizing professional standards
and ethics, legal liability of auditors, regulation of the public accounting profession,
internal controls in information technology systems, the components of audit risk,
tests of controls and substantive tests relating to selected transaction cycles, audit
sampling applications, other services performed by auditors, and related reporting
requirements. Prerequisite: Accounting 2271 or equivalent or consent of instructor
(3 lecture hours)

ACCOU 2280Forensic Accounting-Fraud Examination3
credit hours

Introduction to financial fraud including analysis of major fraud schemes, investigative
strategies, and financial controls. Emphasis on detection and prevention of financial
fraud in the organization. Completion of Accounting 2241 or equivalent is recommended
prior to enrollment. (4 lecture hours)

ACCOU 2290Accounting Research2
credit hours

This course provides an analysis of professional accounting research. The content
includes the study of professional research processes using authoritative databases,
accounting literature, and the application of professional standards. This course
satisfies the 2-hour accounting research required by the Illinois Board of Examiners
for the CPA exam. Recommended: Accounting 2241 or equivalent. (2 lecture hours)

ACCOU 2860Internship (Career & Technical Ed)1 to 4
credit hours

Course requires participation in Career and Technical Education work experience with
onsite supervision. Internship learning objectives are developed by student and faculty
member, with approval of employer, to provide appropriate work-based learning experiences.
Credit is earned by working a minimum of 75 clock hours per semester credit hour,
up to a maximum of four credits. Prerequisite: 2.0 cumulative grade point average;
12 semester credits earned in a related field of study; students work with Career
Services staff to obtain approval of the internship by the Associate Dean from the
academic discipline where the student is planning to earn credit.

ACCOU 2865Internship Advanced (Career & Tech Ed)1 to 4
credit hours

Continuation of Internship (Career & Technical Ed). Course requires participation
in Career & Technical Education work experience with onsite supervision. Internship
learning objectives are developed by student and faculty member, with approval of
employer, to provide appropriate work-based learning experiences. Credit is earned
by working a minimum of 75 clock hours per semester credit hour, up to a maximum of
four credits. Prerequisite: 2.0 cumulative grade point average; 12 semester credits
earned in a related field of study; students work with Career Services staff to obtain
approval of the internship by the Associate Dean from the academic discipline where
the student is planning to earn credit.

ACCOU 2870Internship (Transfer)1 to 4
credit hours

Course requires participation in work experience with onsite supervision. Internship
learning objectives are developed by student and faculty member, with approval of
employer, to provide appropriate work-based learning experiences. Credit is earned
by working a minimum of 75 clock hours per semester credit hour, up to a maximum of
four credits. Prerequisite: 2.0 cumulative grade point average; 12 semester credits
earned in a related field of study; students work with Career Services staff to obtain
approval of the internship by the Associate Dean from the academic discipline where
the student is planning to earn credit.

College of DuPage Addison Center

College of DuPage Addison Center is located in the Technology Center of DuPage (TCD) on the east side of Swift Road, north of North Avenue and south of Army Trail Road. Swift Road is approximately 3/4 mile west of Route 53 or I-355.

College of DuPage Lisle location

The Lisle location is home to the College of DuPage Foundation, Center of Entrepreneurship and WorkNet Force. College of DuPage Lisle is located in the One Corporate Lakes building at the corner of Forbes and Cabot drives, just north of Warrenville Road.

College of DuPage Naperville Center

College of DuPage Naperville Center is located on the south side of Rickert Drive. Rickert Drive is accessed by turning north from 75th Street two miles west of Washington Street. From Route 59, travel east on 75th Street to Rickert Drive and turn north.

College of DuPage Westmont Center

College of DuPage Westmont Center is located on the west side of Pasquinelli Drive. Pasquinelli Drive is accessed by turning north from Ogden Avenue one block west of Route 83. The center entrance is immediately north of the bank.